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Assuming both individuals in the family are self-employed and have a combined self-employment income of $20,000 for tax year 2022, I'll provide a general overview of the tax situation and some credits they might be eligible for. Keep in mind individual circumstances may vary, so it's always a good idea to consult with a tax professional for specific advice. 1. Self-employment tax: Self-employed individuals need to pay Social Security and Medicare taxes, also known as self-employment tax. The self-employment tax rate for 2022 is 15.3%, which consists of 12.4% for Social Security and 2.9% for Medicare. However, you can deduct half of your self-employment tax when calculating your adjusted gross income (AGI). 2. Income tax: The amount of income tax will depend on the couple's filing status (married filing jointly or separately) and their deductions. Assuming they file jointly and take the standard deduction for 2022 ($25,900), their taxable income would be reduced. The actual tax liability would be determined by applying the appropriate tax rates to their taxable income. 3. Credits: Some tax credits that might apply to this couple include: - The Earned Income Tax Credit (EITC): Depending on their age, earned income, and other factors, they might qualify for the EITC. The maximum EITC for taxpayers without children is $543 for 2022. - Self-employed health insurance deduction: If they paid for health insurance premiums for themselves, they might be able to deduct these costs from their income. To estimate the total tax they will need to pay, it's essential to consider the self-employment tax, income tax, and any applicable credits or deductions. Due to the intricate nature of taxes, I cannot give you an exact figure, but this information should help provide some guidance on the couple's potential tax situation.